Financials
- Fiscal year
- 2025
- Total assets
- €463,855
- Profit
- €53,932
- Solvency
- 13.1%
Total assets▲ 65.5%
Net result
20242025
KADCO
ActiveSummary
The computed 12-month bankruptcy probability of KADCO is 7.0% (elevated). The 2025 annual accounts show equity of €60,804 and a net result of €53,932. Its solvency ranks better than 31% of 526 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other postal and courier activities
NACE 53200Freight transport by road NACE 49410
1 site
Size
€463,855total assets 2025
- Equity
- €60,804
- Profit
- €53,932
Turnover not published (abridged schema)
Structure
Accounts filed 61 d late0 of 2 deeds read
Why 36- Sector Postal and courier activities (NACE 53)- Founded in 2023- Latest accounts 61 days late; 1 of the last 3 late- 1 change of registered office in 24 monthsShow the evidence
Checked score
Score 2025
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 51% of its sector peers (NACE 53, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
38+11
equity 13.1% of total assets
Liquidity
2-25
short-term debt 86.9% · cash 0.4%
Profitability
83+13
return on assets 11.6%
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 17 months
06-2025: 5.0%
07-2025: 8.6%▲ +69.6% vs 06-2025highest value
08-2025: 3.4%▼ -59.8% vs 07-2025lowest value
09-2025: 3.4%● 0.0% vs 08-2025lowest value
10-2025: 3.4%● 0.0% vs 09-2025lowest value
11-2025: 3.5%▲ +0.9% vs 10-2025
12-2025: 3.5%● 0.0% vs 11-2025
01-2026: 3.5%▼ -0.5% vs 12-2025
02-2026: 3.5%● 0.0% vs 01-2026
03-2026: 3.5%● 0.0% vs 02-2026
04-2026: 4.0%▲ +17.2% vs 03-2026
05-2026: 4.9%▲ +20.5% vs 04-2026
06-2026: 4.8%▼ -1.7% vs 05-2026
07-2026: 5.0%▲ +5.0% vs 06-2026
08-2026: 6.1%▲ +20.8% vs 07-2026
09-2026: 6.1%▼ -0.1% vs 08-2026
10-2026: 7.0%▲ +14.8% vs 09-2026
- Sector Postal and courier activities (NACE 53) raises the probability
- Founded in 2023 raises the probability for this profile
- Latest accounts 61 days late; 1 of the last 3 late raises the probability
- 1 change of registered office in 24 months raises the probability
Credit up to €2,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.96 against 0.82 in 2024; short-term debt: 86.9% and cash: 0.4% of total assets), and 86.9% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 53, micro). Better than this share of them on solvency 29%, liquidity 7%, profitability 69%, growth against the median 99%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
61 d late
2024
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 13 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 24-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other postal and courier activitiesNACE 53200
- Founded
- 29-11-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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